According to The Kobeissi Letter, President Trump announced his satisfaction with the 50% tariff allotment on the EU and expressed hope that European nations would open up for trade with the US (source: The Kobeissi Letter, May 27, 2025). This significant trade policy move signals heightened trade tensions that could increase volatility in both traditional and crypto markets. Historically, major tariff announcements have led to safe-haven flows into Bitcoin and other cryptocurrencies, as traders seek to hedge against fiat currency instability and global stock market uncertainty. Crypto traders should closely monitor ongoing tariff negotiations and potential retaliatory measures from the EU, as these could trigger rapid shifts in digital asset demand and price action.